🛎️ Binance is excited to announce the 61st project on Binance Launchpool - Usual (USUAL), a decentralized Fiat Stablecoin issuer. The webpage is estimated to be available in 12 hours, before the Launchpool starts.

🗝️ Users will be able to lock their BNB and FDUSD to receive USUAL Airdrops over four days, with farming starting from 2024-11-15 00:00 (UTC).

📊 Pre-Market: Binance Pre-Market will then list USUAL at 2024-11-19 10:00 (UTC) and open pre-market trading for the USUAL/USDT trading pair. Pre-Market end time and spot listing time will be announced at a later date. Please stay tuned for our upcoming announcement.

ℹ️ USUAL Launchpool Details:

- Token Name: Usual (USUAL)

- Total and Max Token Supply: 4,000,000,000 USUAL

- Launchpool Token Rewards: 300,000,000 USUAL (7.5% of total token supply)

- Initial Circulating Supply When Listed on Binance: 494,600,000 USUAL (12.37%  of total token supply)

- Smart Contract/ Network Details: Ethereum Network (0xC4441c2BE5d8fA8126822B9929CA0b81Ea0DE38E)

- Launchpool Terms will apply and KYC completed to Binance’s satisfaction is required

- Hourly Hard Cap per User: 265,625 USUAL in BNB pool & 46,875 USUAL in FDUSD pool

👉 To stake your BNB & FDUSD: https://launchpad.binance.com/en/launchpool/USUAL_FDUSD

⚠️ Getting to know about Binance LaunchPool and USUAL Project:

What is Binance LaunchPool ?

🔸 Binance Launchpool is a platform that allows crypto holders to earn new tokens by locking some of their existing assets, such as BNB and other supported tokens. This process is completely free, with users receiving new project tokens in exchange for locking some of their assets.

🔸 Binance Launchpool is an innovative platform designed to help users discover and acquire new crypto tokens before they are officially listed on the exchange. This offers a unique opportunity for both project creators and cryptocurrency enthusiasts.

How to get start on Binance LaunchPool❓

1. Access Launchpool by Log in to your Binance account and navigate to the Launchpool section on the platform.

2. Stake BNB and FDUSD in the Launchpool. By staking these assets. Once you've staked your BNB and FDUSD, you will automatically start earning rewards.

3. Claim Rewards, you'll automatically get you rewards after the launchPool ended.

What is USUAl?

🛎️ Usual is a decentralized, RWA-backed stablecoin issuer that redistributes ownership and value, providing growth exposure to its users through the $USUAL token.

💡 $USUAL drives USD0 stablecoin adoption, aligning contributor incentives and fueling protocol growth. Its innovative distribution model, based on protocol revenue, paves the way for new DeFi possibilities. This approach accelerates ecosystem expansion and fosters sustainable decentralization.

Launched three months ago, it has now grown to $355M TVL and 50k users. The protocol raised $7M overall and is backed by 160 investors.

🤔 Why Was Usual Created?

- The Stablecoin Problem: Stablecoins such as USDT and USDC generate significant profits (6B+ in 2023), yet the value they create is retained by a small group of shareholders. These entities operate similarly to centralized banks, privatizing profits while socializing risks.

- Flawed Tokenomics: Most tokens are speculative, serving insiders and diluting users. As a result, users hold tokens that continuously lose value.

- Why Usual? Usual was established to address these inequities by redistributing 90% of the ownership and generated value back to the community. It turns users from mere consumers into actual owners.

⚠️ Not just Yield, but Growth exposure through Ownership

🚦 USUAL is Usual’s native utility and governance token, which is used in the following functions:

- Governance control: Provides token holders with the power to manage the protocol and influence key financial decisions.

- Disinflationary issuance: Issuance of USUAL is tied to the TVL of staked USD0 (USD0++), creating scarcity as new TVL enters the system.

- Revenue based model: USUAL issuance is aligned with future cash flows. The inflation rate of USUAL supply remains lower than the growth of revenue and treasury.

- Staking rewards: By staking USUAL, holders activate governance rights and receive 10% of newly issued USUAL, incentivizing long-term behavior.

- Gauge mechanism: Directs and optimizes liquidity distribution within the protocol.

- Collateral management: Governance determines the collateral types and their respective weighting behind USD0, ensuring stability and flexibility.

- Treasury management: Governance and mechanics will enable USUAL holders to manage the treasury efficiently and maximize the compounding effect.

- The protocol is structured around three tokens:

• USD0 is a stablecoin fully backed by short-term, liquid and risk-free assets, while being composable, permissionless, and transparent within the DeFi ecosystem.

• USD0++ is the USD0 liquid staking token, distributing rewards in the form of $USUAL tokens.

• $USUAL rewards the growth of USD0, its adoption, and its usage within the ecosystem. $USUAL acts as ownership on the protocol's revenue - a governance token backed by real cash flows.

- As at Nov 14th 2024, the total supply of USUAL is 4,000,000,000 and the circulating supply upon listing will be 494,600,000 (~12.37% of the total token supply.)

⚠️ Usual User Flows

🎢 Usual Tokenomics (Token Distribution)

🤝 That’s all, hopefully you got some resources from my article 💫

ℹ️ For more information:

🔗 Binance Research: https://www.binance.com/en/research/projects/usual

🔗 Binance Announcement USUAL on Binance LaunchPool: https://www.binance.com/en/support/announcement/introducing-usual

🔗 Binance LaunchPool Page: https://launchpad.binance.com/en/

🔗 USUAL Website: https://usual.money/

#NFA #DYOR #Binance #LaunchPool #USUALonLaunchpool $BNB $FDUSD